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Can someone help with this 4.Steel Company uses activity-based costing and reports the following for this year. Compute an activity rate for each activity using

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4.Steel Company uses activity-based costing and reports the following for this year. Compute an activity rate for each activity using activity-based costing. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Cutting $ 56,000 Machine hours (MH) 2,000 machine hours Assembly 240,000 Direct labor hours (DLH) 6,000 direct labor hours Total $ 296,000 a) $28 per MH for Cutting: $40 per DLH for Assembly. b) $40 per MH for Cutting; $28 per DLH for Assembly. c) $7 per MH for Cutting; $30 per DLH for Assembly. d) $28 per MH for Cutting; $120 per DLH for Assembly. e) $37 per MH for Cutting; $37 per DLH for Assembly

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